Jackson National Life Insurance Co. (Lansing, Mich.) has licensed CSC's (Falls Church, Va.) Business Analytics software to access and analyze business intelligence information from the carrier's multiple financial services systems, according to a CSC source. Jackson, a prominent individual annuity writer, will use the software to track key metrics and proactively address rapidly changing market conditions, according to CSC.
Jackson is the first Business Analytics client since CSC in Business Analytics introduced the offering in May 2009. Business Analytics, which is directed at life insurance and annuity providers, uses SAP BusinessObjects XI solutions and comes with pre-built visual, interactive dashboards and insurance-specific analytical reports that can be used in all Jackson subsidiaries, according to the CSC source. Under the terms of the license, the software will be integrated with Jackson's current systems, including CSC's CyberLife policy administration system and PerformancePlus, an incentive compensation management system marketed by the vendor.
"We were looking for a solution that would extract, reconcile and present data from multiple systems throughout our organization to help us gain greater insight into our business operations and customer actions," comments George Napoles, executive vice president and chief administrative officer, Jackson National Life. "With CSC's Business Analytics, we can better position ourselves to reach our strategic growth objectives."
Anthony O'Donnell has covered technology in the insurance industry since 2000, when he joined the editorial staff of Insurance & Technology. As an editor and reporter for I&T and the InformationWeek Financial Services of TechWeb he has written on all areas of information ... View Full Bio